The average rent price in the 10 Central, Tanglin region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.feet in 10 Central, Tanglin has risen considerably in the last 6 months. During October, the average price per sq.feet was S$ 48.01. The following month (November) the price had a considerable rise reaching S$ 77.02 per sq.feet. The following two months (December, January) went through a rise of 109 % in the rent price per sq.feet rising from S$ 62.51 to S$ 67.96 per sq.feet. In the last two months, the price per sq.feet has risen 108 %. This has been obtained by comparing the price S$ 65.24 for the first four months of the sample with regard to the previous 4 months and the price S$ 70.29 per sq.feet for the last two months (February, March).
When referring to the price in 10 Central, Tanglin(region), this has fallen considerably in the last 6 months. October has an average price of S$ 4,438. During Novemberthe price had a strong fall till S$ 2,195. In the following two months the average price has fallen 78 % compared to the previous two. During the last two months the price has gone down 85 % compared to the previous average values going from S$ 2,947.5 a S$ 2,512 in February y March.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 4 % cheaper than the average price in 10 Central, Tanglin followed by those with 2 with an average price of S$ 3,473. The most expensive properties have 4 bedrooms. They are 104 % more expensive than the average followed by those properties with 3 bedrooms priced at S$ 4,637.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of S$ 37 / sq.feet being S$ 71.56 / sq.feet the average for 10 Central, Tanglin. The properties with the highest average price are those with 1 bedroom. These are 5 % more expensive than the average followed by those with 2 bedrooms with a price of S$ 53.96 / sq.feet.
The graph displaying the average rent price according to the property type shows "HDB House" as the most expensive one. With an average cost of S$ 2,469 it is 18 % more costly than the average in 10 Central, Tanglin. This is followed by "Apartment" with a cost of S$ 9,528. The most expensive property type is "House" and is 936 % more costly than the average, followed by "" with a cost of S$ 13,596.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of S$ 2 / sq.feet, followed by "Condominium" with a price of S$ 3 / sq.feet. "HDB House" with an average price of S$ 65 / sq.feet is the most affordable type of property followed by "House" at a price of S$ 7 / sq.feet.